Real estate investors could earn a rental income of $595 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $315,000.
JOHNSTON ranks 3rd on the list of best yielding suburbs for rental properties in NT, posting a 9.82% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||-19.23%|
|Median 3 years||-7.35%||N/A|
|Median 5 years||8.62%||N/A|
|10 years average annual||17.15%||-6.01%|
|Weekly media advert. rent||$595||$400|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||9.82%||4.95%|